Bank of Canada Reduced its Overnight Rate to 4.75%

The Bank of Canada reduced its overnight rate to 4.75% on June 5. This is good news for entrepreneurs with variable-rate loans and for those who are looking to borrow to invest in their business.

HOW WILL THE INTEREST RATE DECISION AFFECT YOUR BUSINESS?

BDC hosts an on-demand webinar including an economic update and insights on what the latest interest rate announcement means for your business. You’ll also get concrete advice to help look at your overall business strategy and identify the most promising areas to improve your profits and unlock future business growth.

*please note this webinar is a recording from June 6th and the live Q&A is closed.
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WHY YOU SHOULD CARVE OUT TIME FOR THIS WEBINAR:

  • Economic insights: Understand the implications of the interest rate announcement on your business.
  • Improve your strategy: Identify the most promising areas for protecting and expanding your profits.
  • Learn from other entrepreneurs: Hear from entrepreneurs who successfully identified areas of improvement to ensure their business could thrive.
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